was formed on 31.07 at 15:45:42 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
On the chart of GBPJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 198.55; the lower boundary 198.19; the width of the pattern 36 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 197.96 level.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
